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Feb 23, 2012
02/12
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we'll debate obama culpability. story number two, the tale of two tax cuts. president obama unveils corporate tax reform, taking the rate from 35% to 28%. by the way, the first marginal tax rate cut in his presidency, but it slams corporate profits earned overseas. meanwhile, mitt romney unveils his 20% solution. take a listen. >> i'm going to lower rates across the board for all americans by 20%. all right? >> all right. the big question. can romney sell it in tonight's debate and win in michigan? in a moment, an exclusive interview with the architect of the plan. mitt romney's senior economic adviser, glen hubbard, dean of the columbia business school. we begin with the president's own corporate tax reform plan, and we go to cnbc's amon javers. >> the obama administration would like to bring the corporate tax rate down from 35% to 28% for most companies and a low 25% for manufacturing firms. not a lot of details on exactly had y how they would do it. they would like to close loopholes without naming the loopholes they would close. we get a sense of exactly
we'll debate obama culpability. story number two, the tale of two tax cuts. president obama unveils corporate tax reform, taking the rate from 35% to 28%. by the way, the first marginal tax rate cut in his presidency, but it slams corporate profits earned overseas. meanwhile, mitt romney unveils his 20% solution. take a listen. >> i'm going to lower rates across the board for all americans by 20%. all right? >> all right. the big question. can romney sell it in tonight's debate and...
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Oct 9, 2012
10/12
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this is going to kill obama. >> it drives people back to that debate. rox knee couldn't get a better person to run. and i think they are convinced that they can still. destroy romney. i don't think that is possible after 70 million people see it directly and make an assessment of this guy. and they have another week before the presidential debate while public opinion sets in. he is pumped up and i'll have it written up tomorrow. he sounds poised and focused and i think the president is in a little bit of trouble. >> first of all, saesame street wants the add pulled and third of all, the thing that troubles me, he will not face the press. not once after the bengazi ca tr catastrophy. >> as far as big bird, it was fun and it made a good point. if more children had been educated by that program in their early years. i think the add is over the top in many ways and plus, if you are going to do it, get it first. but look, i agree with jennifer, i think the president should pivot to what he wants to do in the feature. i think he need to bring back the job's b
this is going to kill obama. >> it drives people back to that debate. rox knee couldn't get a better person to run. and i think they are convinced that they can still. destroy romney. i don't think that is possible after 70 million people see it directly and make an assessment of this guy. and they have another week before the presidential debate while public opinion sets in. he is pumped up and i'll have it written up tomorrow. he sounds poised and focused and i think the president is in...
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Oct 4, 2012
10/12
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the whole debate last night was obama saying no to romney's agenda. we all learned romney's agenda. nobody learned obama's agenda. now he's going back to negativism. this is a huge mistake. let me tell you something else romney did to get reaction. your man obama is going to have so much trouble. romney said to 68 million viewers, i can make a deal. i can go across the aisle like i did in massachusetts. in fact he even said about his tax reform plan, if you don't like the specific version let's talk about some other options. but you, mr. president, you couldn't make a deal. you had a deal, you broke the deal with john boehner. that's what the woodward book is all about. in other words, this is something independents love. i say clinton democrats are going to go for romney because romney knows how to make a deal by crossing the aisle and obama can't do it. >> here's where i agree with you. i think the governor of massachusetts showed up last night. not the guy who's been running for president for the last 18 months. he pivoted to the middle for the first time really and he pivoted ha
the whole debate last night was obama saying no to romney's agenda. we all learned romney's agenda. nobody learned obama's agenda. now he's going back to negativism. this is a huge mistake. let me tell you something else romney did to get reaction. your man obama is going to have so much trouble. romney said to 68 million viewers, i can make a deal. i can go across the aisle like i did in massachusetts. in fact he even said about his tax reform plan, if you don't like the specific version let's...
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Oct 23, 2012
10/12
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let's turn to last night's debate. and obama's shocking declaration. he swore no across the board budget cuts. some say he has given away his tax hike leverage. coming up both have received endorsements they may not have wanted. we will show it all to you. you know what, this election is about free market capitalism. [ male announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy with step-by-step help when completing your personalized document -- or you can even access an attorney to guide you along. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. bp has paid overthe people of bp twenty-threeitment to the
let's turn to last night's debate. and obama's shocking declaration. he swore no across the board budget cuts. some say he has given away his tax hike leverage. coming up both have received endorsements they may not have wanted. we will show it all to you. you know what, this election is about free market capitalism. [ male announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business...
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Oct 1, 2012
10/12
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romney was going to fact check president obama as obama made false statements, as obama always does make false statements. >> oh, come on. >> do you think romney will fact check him or is that too cheeky or snarky in a debate? >> romney has been preparing for the debate. he knows the issues, he knows the data. what they're trying to do is get romney to pull back and go back to that big vision. >> what vision? where is it? >> tax breaks, 20% across the board. >> that was beautiful the way you got that out. hold on. you can see the whole presidential debate here on cnbc wednesday night, coverage begins at 7:00 p.m. here on the kudlow report here on the debate. and i will be participating all night. the next three months after the activists on the supreme court turned left and upheld obama care, now judge john roberts is tanned, rested, ready and is back. the next question is will the supremes going to the right or get back to the left side of the street. all that next on kudlow. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion s
romney was going to fact check president obama as obama made false statements, as obama always does make false statements. >> oh, come on. >> do you think romney will fact check him or is that too cheeky or snarky in a debate? >> romney has been preparing for the debate. he knows the issues, he knows the data. what they're trying to do is get romney to pull back and go back to that big vision. >> what vision? where is it? >> tax breaks, 20% across the board....
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Oct 2, 2012
10/12
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barack obama and mitt romney are ready for their first presidential debate. that will be tomorrow night, 7:00 to 8:00 p.m. polls show a close race. the nation ago average has obama leading romney 49-46. the economy is issue number one and whose plans are better for the middle class. to answer that we are holding our own debate right here on the kudlow report. we are joined by new jersey democratic congressman and jim gillmore to make the case for governor romney. there will be time to talk among your selves at my disgression. the first question is going to congressman big paskrel. 1.3% gdp 25 million people out of the workforce. mr. president, what is your solution to the prosperity and the recovery that continues to elude us? >> over the past 30 months we have had an increase in private sector jobs. but that is the direction we are going in. if you remember what happened before that, when the president raised his hand in january of 2009, we were losing 700 no,000 jobs a month. but the fact of the matter is we are going in the right direction now and we shoul
barack obama and mitt romney are ready for their first presidential debate. that will be tomorrow night, 7:00 to 8:00 p.m. polls show a close race. the nation ago average has obama leading romney 49-46. the economy is issue number one and whose plans are better for the middle class. to answer that we are holding our own debate right here on the kudlow report. we are joined by new jersey democratic congressman and jim gillmore to make the case for governor romney. there will be time to talk...
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Oct 22, 2012
10/12
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in just over an hour president obama and governor romney will square off in their third and final debate. i hope we get some common ground. that's my basic point of view. i'd like to see pro-growth tax reform. i frankly would like to see some tough spending reforms also. to me lower spending, lower tax rates, less regulation. you've heard this before from me. that is the essence of free market capitalism. it's the best way to grow the economy. the final debate is coming back. we will be right back to cover it here on cnbc. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ [ horn honks ] hey, it's sandra -- from accounting. peter. i can see that
in just over an hour president obama and governor romney will square off in their third and final debate. i hope we get some common ground. that's my basic point of view. i'd like to see pro-growth tax reform. i frankly would like to see some tough spending reforms also. to me lower spending, lower tax rates, less regulation. you've heard this before from me. that is the essence of free market capitalism. it's the best way to grow the economy. the final debate is coming back. we will be right...
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Oct 8, 2012
10/12
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will romney in the debate next week talk about a benghazi security cover-up regarding the baha obama white house? >> thanks for letting me be on. benghazi has to be seen we had 20 embassies in the greater middle east where demonstrations took place. we had four compounds breached, american flags burns and the black flag of al qaeda raised. it was a disgraceful day, and it was evidence of a failed middle east policy. on benghazi itself, governor romney's been very clear. the president of the united states owes the american people candor and transparency on what's happened. that clearly has been a test which has been failed. they started talking about the spontaneous eruption that was incredible on 9/11, and this is a video that's been around for months. second, we have the type of equipment used. third, we now know there were intelligence reports. fourth, wern the ambassador was concerned about the security, and fifth, we had a stonewalling for days and days with this very story. >> that's the key point with ambassador rice making the runs. larry, do you agree with rich williamson, la
will romney in the debate next week talk about a benghazi security cover-up regarding the baha obama white house? >> thanks for letting me be on. benghazi has to be seen we had 20 embassies in the greater middle east where demonstrations took place. we had four compounds breached, american flags burns and the black flag of al qaeda raised. it was a disgraceful day, and it was evidence of a failed middle east policy. on benghazi itself, governor romney's been very clear. the president of...
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Oct 10, 2012
10/12
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top story tonight, for the first time, president obama admits he was a disaster at the debate. take a listen to what he told abc's diane sawyer that's airing just minutes ago. >> governor romney had a good night. i had a bad night. it's not -- >> bad? >> it's not the first time i've had a bad night. >> they chant "four more years." and today, there are 28 days before the election. i think the right chant ought to be for them "four more weeks." you've got the idea. >> there you have it. also this evening, for the first time in months, the market hit a back-to-back triple-digit decline. we warned you last night earnings might give the market a little bit of a hit. go ahead, boys. take some chips off the table. nothing wrong with that. but let me tell you, a political revolution is coming in 27 days. and for the first time here on "the kudlow report," i feel comfortable to tell you, mitt romney is going to win and he's going to win big. it's going to be a reagan-like economic growth revolution. that's what the debate told me and that's what the polls are telling me. and i make it
top story tonight, for the first time, president obama admits he was a disaster at the debate. take a listen to what he told abc's diane sawyer that's airing just minutes ago. >> governor romney had a good night. i had a bad night. it's not -- >> bad? >> it's not the first time i've had a bad night. >> they chant "four more years." and today, there are 28 days before the election. i think the right chant ought to be for them "four more weeks." you've...
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Oct 19, 2012
10/12
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and mitt romney walloped obama on that very issue at this past week's debate. leading to this brilliant new campaign ad. take a listen. >> his policies haven't worked. median income's down $4,300 a family. and 23 million americans out of work. he said that he'd cut in half the deficit. he just hasn't been able to put in place reforms for medicare and social security to preserve them. that's what this election is about. it's about who can get the middle class in this country a bright and prosperous future and assure our kids the kind of hope and optimism they deserve. >> let's talk about that ad, which basically summarizes mitt's toughest attack at the debate. joining me now, old friend austan goolsbee, economics professor at the chicago booth school of business and africa former chairman of the council of economic advisers under president obama. we're also joined by "forbes" magazine's executive editor mike ozanian. thank you for this on relatively short notice. you heard romney's ad. where specifically, austan, do you disagree? >> with the ad or with the runni
and mitt romney walloped obama on that very issue at this past week's debate. leading to this brilliant new campaign ad. take a listen. >> his policies haven't worked. median income's down $4,300 a family. and 23 million americans out of work. he said that he'd cut in half the deficit. he just hasn't been able to put in place reforms for medicare and social security to preserve them. that's what this election is about. it's about who can get the middle class in this country a bright and...
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Jan 31, 2012
01/12
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what we're really debating is who can defeat barack obama in the fall. >> did i miss that debate? that debate on spending and tea parties -- the tea party one slashed spending, slashed deficits and slashed debt. where was that debate? >> the reason the debate is like that, they're talking about things like everyone has cut the corporate tax rate, everyone gets free points saying i'm for the ryan plan but the ryan plan doesn't cut much in the first ten years. if you're talking about what you would cut now in the next five years, is there a very little -- you're absolutely right. thampl >> that's the point i'm trying to make. let me go back. okay. when hillary ran against obama, was the issues debate any deeper? was it more detailed? i can't remember, it's so long ago. >> i'll tell you something. there, my friend, you really had two people who had essentially adopted the same economic outlook, very little difference between them. but here is the distinguishing factor. right now in florida, you are seeing character assassination. >> right. >> i don't remember that in the democratic p
what we're really debating is who can defeat barack obama in the fall. >> did i miss that debate? that debate on spending and tea parties -- the tea party one slashed spending, slashed deficits and slashed debt. where was that debate? >> the reason the debate is like that, they're talking about things like everyone has cut the corporate tax rate, everyone gets free points saying i'm for the ryan plan but the ryan plan doesn't cut much in the first ten years. if you're talking about...
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Oct 24, 2012
10/12
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obama said during the debate he's against sequestration, he's against across the board spending cuts. what do you make of this, dick armey? where are we going with this little plan that obama just put out? >> well, again, i look at the president. i think this is a fella who's out of touch with reality. he puts forward a plan that's supposed to be his vision as it was and as it will be, and i look at it and i say, well, there are some things and some things that are true relative to that vision but what's new isn't true and what's true isn't new. so the fact is he's just sort of stuck with that vision, that dream from his father about income redistribution. when he looks at taxes, he doesn't think about taxes as a source of revenue to fund the government. he thinks of taxes as an instrument of justice to redistribute income and punish people for their successes. he's just simply not in touch with reality. and yes, dick, we could get to real serious and effective, productive growth-oriented tax reform, but we couldn't get there with this fella. he's just not in touch with reality. he do
obama said during the debate he's against sequestration, he's against across the board spending cuts. what do you make of this, dick armey? where are we going with this little plan that obama just put out? >> well, again, i look at the president. i think this is a fella who's out of touch with reality. he puts forward a plan that's supposed to be his vision as it was and as it will be, and i look at it and i say, well, there are some things and some things that are true relative to that...
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Mar 6, 2012
03/12
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i anticipate that i'm going to be more able to debate in the public square barack obama. i've also seen some of the, i'll say, less than accurate attacks and charges against me. i've been able to fend those off. i know where they're going to come from when the obama machine turns it on with a billion dollars of spending. i'm more ready to go after the president than i was when i got started. there's an advantage to having done this twice. first time you learn some lessons. second time through, you're also continuing to learn. i think that's one of the reasons i'm better prepared to go after this race. by the way, you are right. independent voters. that's what we have to be able to connect with. >> what do you say to them? as you move through super tuesday, how do you tailor -- you have two issues here. one is obama and economic recovery. you eve got to deal with that. now, the second one is a bump down in the independent voters. how do you strike thategyize to with that? >> independents feel the same way. they don't want to have someone that is angry at them, that is mean
i anticipate that i'm going to be more able to debate in the public square barack obama. i've also seen some of the, i'll say, less than accurate attacks and charges against me. i've been able to fend those off. i know where they're going to come from when the obama machine turns it on with a billion dollars of spending. i'm more ready to go after the president than i was when i got started. there's an advantage to having done this twice. first time you learn some lessons. second time through,...
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Sep 25, 2012
09/12
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we have to see the debates. i didn't think the convention was very good. >> i loved it. >> i was there and i covered it. finally this week he is talking about tax cuts and take-home pay. >> he has to talk about obamacare and obama care. >> i have a type of romney today. watch this for a second. we'll get your response. >> thank you mr. president,. it is an honor to be here this morning and i appreciate your kind words and that introduction is touching. if there is one thing we have learned in this election season by the way, it is that a few words from bill clinton can do a man a lot of good. [ applause ] >> all i got to do now is wait a couple of days for that bounce to happen so. >> in all honesty, okay how can he not be likeable. that was a nice thing to say, clever. maybe somebody gave it to him. >> i think he is very likeable. he is a square. >> hip has nearly wrecked the country. let's try square. >> obama is a little too hip you think? >> oh yes. the world is exploding the unemployment rate so many people
we have to see the debates. i didn't think the convention was very good. >> i loved it. >> i was there and i covered it. finally this week he is talking about tax cuts and take-home pay. >> he has to talk about obamacare and obama care. >> i have a type of romney today. watch this for a second. we'll get your response. >> thank you mr. president,. it is an honor to be here this morning and i appreciate your kind words and that introduction is touching. if there is...
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Apr 13, 2012
04/12
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the tax policy debate's getting personal. obama and biden released their 2011 tax returns and then they promptly start bashing mitt romney and calling for him to release his returns all the way back to the 1970s. huh? i don't get it. but the treasury could be making a profit on bailout nation. so let's go to cnbc's john harwood, joins us now with the details. good evening, john. >> good evening, larry. you know, with rick santorum out of this republican race, the obama administration took two steps today to try to advance its interest in the accelerating general election contest with mitt romney. the first was that treasury report you alluded to saying for the first time that the u.s. government expects to make a profit. let me repeat, a profit on the entire range of its bailout activities. that's largely because of interest earnings the federal reserve will get on its purchase of treasury securities to keep interest rates low. and this is not going to eliminate concern among conservatives and some independent and swing voter
the tax policy debate's getting personal. obama and biden released their 2011 tax returns and then they promptly start bashing mitt romney and calling for him to release his returns all the way back to the 1970s. huh? i don't get it. but the treasury could be making a profit on bailout nation. so let's go to cnbc's john harwood, joins us now with the details. good evening, john. >> good evening, larry. you know, with rick santorum out of this republican race, the obama administration took...
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Dec 20, 2012
12/12
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does this change the debate? i think it does. i think obama is going to have to react to what the house republicans are doing and try to close this deal. >> bob or jimmy, will the house pass it? >> i think the house will pass it. the whip count is reportedly very close just on capitol hill. i think bainler get it passed and that puts the pressure on the senate and the president to come up with an appropriate response. >> it's weird, jimmy. they call it farsicle. nancy pelosi loved the idea for a while. i guess your idea is it doesn't have any spending cuts the president all along has been saying we need to make sure the middle class gets a tax hike. none of the middle class gets a tax hikend plan b. why is it such a farce? >> under what will be passed tomorrow, there is a middle class tax increase. the eic is taken out -- >> we're talking about marginal rates. gentlemen, gentlemen, these are facts. what is in that bill that boehner will send to the floor tomorrow, those tax credits are not in it. the point is john boehner is maki
does this change the debate? i think it does. i think obama is going to have to react to what the house republicans are doing and try to close this deal. >> bob or jimmy, will the house pass it? >> i think the house will pass it. the whip count is reportedly very close just on capitol hill. i think bainler get it passed and that puts the pressure on the senate and the president to come up with an appropriate response. >> it's weird, jimmy. they call it farsicle. nancy pelosi...
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Jul 9, 2012
07/12
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in this half hour, today president obama tried to change the debates to soak the rich taxes and give it away in friday's jobs report. class war fare won't work. new tonight treasury secretary tim geithner meets with senate democrats but i bet there are enough democrats willing to run away from the president and pass an extension of all the bush era tax cuts. that's my bet. and new details, democrats admit they are video stalking republican candidates not only covering the republicans but stepping over the line into their homes and posting the video for all to say. we'll expose the dirty tricks. first, president obama promised change and four years later he may have changed the country but not in the way many hoped. a new pole from the hill website and newspaper finds 56% of likely voters believe obama's first term has changed the country for the worse. troubling signs for his re-election hopes. will mitt romney borrow this line from reagan? >> are you better off than you were four years ago? is it easier for you to go and buy things in the stores than it was four years ago? is there
in this half hour, today president obama tried to change the debates to soak the rich taxes and give it away in friday's jobs report. class war fare won't work. new tonight treasury secretary tim geithner meets with senate democrats but i bet there are enough democrats willing to run away from the president and pass an extension of all the bush era tax cuts. that's my bet. and new details, democrats admit they are video stalking republican candidates not only covering the republicans but...
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Jul 25, 2012
07/12
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we are debating about where the president stands. polls in israel show the israeli people have little confidence in the president. at one time confidence with president obama among the israeli population polled in the single digits. this is a country that has historically loved america and that america has loved. >> got to levee leave it there. chris lehane, appreciate it. vin, great to see you. >>> the commission on presidential debates announced the topics for the formats for the mano a mano meetings between president obama and governor romney. first one october 3 in colorado on domestic issues with a moderator. secondly the veeps in kentucky on october 11, also with a moderator. romney and obama back on october 16 from new york in a town hall format with questions from undecided voters. finally, we'll watch the foreign policy face-off on october 22 from boca raton, florida. "the kudlow report" will have complete coverage. >>> up next tonight, high tax policy has millionaires fleeing the state of maryland, costing the state a lot o
we are debating about where the president stands. polls in israel show the israeli people have little confidence in the president. at one time confidence with president obama among the israeli population polled in the single digits. this is a country that has historically loved america and that america has loved. >> got to levee leave it there. chris lehane, appreciate it. vin, great to see you. >>> the commission on presidential debates announced the topics for the formats for...
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May 14, 2012
05/12
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you know, last week was distracted by the gay marriage debate. now team obama squarely back on economic concerns with this blistering ad going after bain capital, accusing the former governor of massachusetts of being part of a company that shut down a steel mill and sucked money out at the expense of the workers. here is the ad. >> bain capital walked way with a lot of money that they made off of this plant. we view mitt romney as a job destroyer. >> to get up on national tv and brag about making jobs when he has destroyed thousands of people's careers, lifetimes, just destroying people. >> he is running for president. and if he is going to run the country the way he ran our business, i wouldn't want him there. >> now bain capital put out a statement this afternoon saying the ad had oversimplified a very cosm plex business transaction. romney was gone from bain capital when the company was shut down and gone into bankruptcy. the romney campaign came out with an ad showing the other side of creative destruction, that is a company that mitt romney
you know, last week was distracted by the gay marriage debate. now team obama squarely back on economic concerns with this blistering ad going after bain capital, accusing the former governor of massachusetts of being part of a company that shut down a steel mill and sucked money out at the expense of the workers. here is the ad. >> bain capital walked way with a lot of money that they made off of this plant. we view mitt romney as a job destroyer. >> to get up on national tv and...
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Dec 21, 2012
12/12
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it is orwellian. >> another old debate. this is what happened -- >> anything that you don't like is an old debate. we're not allowed to bring it up any more. >> bring it up all you want. we had an election. >> that never mentioned obama care. >> oh, my gosh. >> bring in my friend ben jealous. either way, ben, either way, if the cost goes up, then the lower income people have a problem. if the benefits go down, the lower people have a problem. so the claims made by obama care that will cut costs, isn't that going to hurt poor people just as much? >> look, what's going on here, quite frankly, still plan b passes. what happens then? it's d.o.a. this is really -- you know, just -- just sort of a dance being done in washington. what the people in this country want is people just to stop posturing. say, look, we've got to tighten the belt. we're going to ask the richest people in the family to tighten their belt the most. we're all willing to take cuts, but we're not going to cut things that actually keep people from eating. we'r
it is orwellian. >> another old debate. this is what happened -- >> anything that you don't like is an old debate. we're not allowed to bring it up any more. >> bring it up all you want. we had an election. >> that never mentioned obama care. >> oh, my gosh. >> bring in my friend ben jealous. either way, ben, either way, if the cost goes up, then the lower income people have a problem. if the benefits go down, the lower people have a problem. so the claims...
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Mar 26, 2012
03/12
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was it obama care or was it bernanke hinting on easy money. also, this evening, rick santorum, fresh off a win in louisiana, he takes on the mainstream media. he said mitt romney, the worst republican to run against barack obama on the issue of health care. new york times asked if romney was the worst republican. take a listen. >> quit distorting our words. if i see it, it's bull [bleep]. come on, man. what are you doing? >> all right, tonight is the mainstream media on the attack against rick santorum. the public is demanding a president explains this comment to out going russian president. take a listen. >> yes, that's not what i'm alleging. >> i understand. >> well, republicans and voters want to know what else is on obama's agenda after the election. that's an interesting topic. but, first up this evening, the supreme court concludes its first day of arguments on obama care. nbc's pete williams joins us now with the very latest. good evening, pete, what can you tell us? >> we're through the underbrush. the question is can the supreme court
was it obama care or was it bernanke hinting on easy money. also, this evening, rick santorum, fresh off a win in louisiana, he takes on the mainstream media. he said mitt romney, the worst republican to run against barack obama on the issue of health care. new york times asked if romney was the worst republican. take a listen. >> quit distorting our words. if i see it, it's bull [bleep]. come on, man. what are you doing? >> all right, tonight is the mainstream media on the attack...
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obama .is playing petty politics. we're going to elevate the debate. >> that's supposed to be about reform conservatism. that's what reform conservatism is. it's the pragmatic application of pro growth free market principles. wisconsin, new jersey, in congress it was paul ryan. now we're seeing it come together here with mitt romney taking the nomination. >> does business buy it and does the stock market investment community buy it? are they confident that romney and ryan can really change things? >> having watched this race, i think very hard, they are ready for a change. you can pick the medicare plan tax reform. they like the direction it's going. >> all right, great stuff. terrific. we appreciate it. let's go back to today's oh big story and get an update on hurricane isaac. todd gross joins us now with the latest. what can you tell us? >> the storm right now is skirting the coast of louisiana right now. as you can see from this radar still frame, the storm has organized a lot this afternoon. it's about to move in
obama .is playing petty politics. we're going to elevate the debate. >> that's supposed to be about reform conservatism. that's what reform conservatism is. it's the pragmatic application of pro growth free market principles. wisconsin, new jersey, in congress it was paul ryan. now we're seeing it come together here with mitt romney taking the nomination. >> does business buy it and does the stock market investment community buy it? are they confident that romney and ryan can really...
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in fact, barack obama is going the say in the debates, mitt, how can you be against this? this isn't so different from what you pass. it's a big visibility. >> i think you favor obamacare. >> it's better than nothing. >> let me just ask you, putting on your political hat for just a second. mitt romney still has this weakness. it showed up in the election exit polls last night. santorum is exploiting this weakness. and it's a simple argument. romneycare, which you put in massachusetts which you told us is popular is stopping you from taking the anti-obamacare case to president obama. how does that play? does that give santorum a little more of a shelf life? >> it gives santorum more of a shelf life. the problem is this is a republican primary argument. and i don't think obamacare or romneycare, which is essentially the same thing, is all that much of a liability in the general election. i know the republicans want to go after obamacare. i don't think it's going to work. >> but you me that mitt romney is going to make the case to repeal and replace obamacare. >> nobody is go
in fact, barack obama is going the say in the debates, mitt, how can you be against this? this isn't so different from what you pass. it's a big visibility. >> i think you favor obamacare. >> it's better than nothing. >> let me just ask you, putting on your political hat for just a second. mitt romney still has this weakness. it showed up in the election exit polls last night. santorum is exploiting this weakness. and it's a simple argument. romneycare, which you put in...
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we'll debate it when we come back. maybe we'll talk salaries more too. >>> all right, welcome back to the cud low report, i'm larry cud low. is obamacare giving the irs expanded powers. they will know every businesses payroll and everyone's income so they can allegedly collect obamacare tax. a former irs top dog will tell us all about it. and we'll find out how they will regulate our economy into a stagment economy state. it looks like europe, what's happening? it's been a full day since the supreme's obamacare ruling and mitt romney on fire now. we are joined now with john with the details. >> larry, it's 24 hours since the united states supreme court since they upheld the biggest domestic accomplishment in obama's time in office, and they're looking for a fall out through several out lets. when you look at the facebook pages of president obama and mitt romney, each had about half a million likes, comments, or shares. mitt romney's website and facebook page added 28,000 new users, then there are the bucks that are bro
we'll debate it when we come back. maybe we'll talk salaries more too. >>> all right, welcome back to the cud low report, i'm larry cud low. is obamacare giving the irs expanded powers. they will know every businesses payroll and everyone's income so they can allegedly collect obamacare tax. a former irs top dog will tell us all about it. and we'll find out how they will regulate our economy into a stagment economy state. it looks like europe, what's happening? it's been a full day...
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what's going to happen, larry, it's a 50/50 about whether obama wins. if he does he'll think he has a mandate and go into the debate about the fiscal cliff at year-end absolutely hardened. he said he's going to veto any extension of the bush tax cuts for the top 5% of taxpayers. if he takes that position, we deadlock and fall off the fiscal cliff that's instant recession. don't say, oh, it will turn out fine. we're in a four-year bull market. it will be fine. it won't necessarily all be fine. there is a 50% chance obama gets elected and within that a 50% chance he becomes a hard liner on taxes jointly that's a 25% chance we wake up on january 1, 2013 in a recession. that's not a fat tale. that's morbidly obese. >> if the fiscal cliff happen it's a problem. >> i appreciate you both. we have a lot of breaking news from this apple business. i appreciate you coming on. don, i will see you on radio tomorrow. doug, thank you very much. don, likewise. we have been telling you about the breaking news coming in to cnbc. apple stock much higher after winning a ma
what's going to happen, larry, it's a 50/50 about whether obama wins. if he does he'll think he has a mandate and go into the debate about the fiscal cliff at year-end absolutely hardened. he said he's going to veto any extension of the bush tax cuts for the top 5% of taxpayers. if he takes that position, we deadlock and fall off the fiscal cliff that's instant recession. don't say, oh, it will turn out fine. we're in a four-year bull market. it will be fine. it won't necessarily all be fine....
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get ready to say adios president obama if that's the case. we're going to debate out whether we should be worrying about the recession when the "kudlow report" returns. >>> the last thing we can afford is a return to the policies that got us here in the first place. not now. not with so much at stake. they want to give banks and insurance companies even more power to do as they please. but that's not new. that was tried, remember? the last guy did all this. some have said i blame too many problems on my predecessor, but let's not forget that's a practice that was initiated by george w. bush. >> all right. so much for ecumenism and the portrait. that was our president bad-mouthing president bush for the sad state of the economy. it was awkward moments for the two of them today at the white house and as we explored in the last segment, i want to ask this, are we headed for another recession? numbers are pointing down. now we got two ace cnbc people to talk about this. jared bernstein, jimmy pethokoukis. i'm looking more at the science of this t
get ready to say adios president obama if that's the case. we're going to debate out whether we should be worrying about the recession when the "kudlow report" returns. >>> the last thing we can afford is a return to the policies that got us here in the first place. not now. not with so much at stake. they want to give banks and insurance companies even more power to do as they please. but that's not new. that was tried, remember? the last guy did all this. some have said i...
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we'll debate. free market capitalism is the best path to prosperity. to the obama advisers know this? >>> all right. with this fiscal cliff quickly approaching, why is team obama unable to get anything accomplished with congress? why can't they make a deal on extending the bush tax cuts? president clinton was able to work out the deal. he balanced the budget he had tax cuts in that. president obama was a no-show even for his own fiscal commission called simpson/bowles. we have erskine bowles, chief of staff of president clinton and co-chair of president obama's own financial commission. i'm like one of your biggest supporters. >> thank you. >> you've got pockets of support everywhere in the senate and they're trying to cook up something again. but seems to me you can't put torque behind your program until the president fully embraces it, and i do not for the life of me understand why he hasn't. what do you think? >> oh, larry, i think he didn't embrace it because he felt if he used it as a framework for his discussions with speaker boehner, he'd have a
we'll debate. free market capitalism is the best path to prosperity. to the obama advisers know this? >>> all right. with this fiscal cliff quickly approaching, why is team obama unable to get anything accomplished with congress? why can't they make a deal on extending the bush tax cuts? president clinton was able to work out the deal. he balanced the budget he had tax cuts in that. president obama was a no-show even for his own fiscal commission called simpson/bowles. we have erskine...
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is president obama becoming the regulator in chief? we have a very hot debate on that very subject on kudlow. we'll be right back. hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox to automate their global invoice process so they can focus on serving their customers. with xerox, you're ready for real business. the two trains and a bus to the 5:00 arider.holar. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be. ♪ because your moment is now. let nothing stand in your way. learn more
is president obama becoming the regulator in chief? we have a very hot debate on that very subject on kudlow. we'll be right back. hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the...
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it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour, you have to hear this late-breaking news. president obama blocked a chinese company from owning four wind farm projects in northern oregon. the reason -- apparently national security concerns. plus, our president has been touting his so-called new plan. he named it "patriotic economics." want a clue what it may be like? parlez vous fracais? . gop supporters can try to int blame clint eastwood's empty chair, media biased league polls, and video and in the end it could be mitt. that according to an southwesting piece in "politico" today. here's the co-author of the aforementioned piece, senior political reporter johnathon martin and robert costa of the national review. and strategist roger stone. so johnathon, it's not the conventi
it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour, you have to hear this late-breaking news. president obama blocked a chinese company from owning four wind farm projects in northern...
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the debate and a discussion remember former governor howard de dean, up next. in america, we believe in a future that is better than today. since 1894, ameriprise financial has been working hard for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for your future. ♪ >>> welcome back, everybody. i'm brian sullivan in for larry. he'll be back next week. today marks the two-year anniversary of president obama's prized health care reform plan. all eyes will be on d.c. for another reason on monday. the supreme court begins three days of highly anticipated hearings on the laws. and "the last exit ramp on the road to unlimited government." nbc's pete williams joins us now. this will be an unbelievable three days in washington, d.c., is it not? >> it is very much so. the question is not whether this is a good idea, but whethe
the debate and a discussion remember former governor howard de dean, up next. in america, we believe in a future that is better than today. since 1894, ameriprise financial has been working hard for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for...
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he is going to join us next, and we're going to have a wee bit of a debate. i'm serious, we compare our direct rates side by side to find you a great deal, even if it's not with us. [ ding ] oh, that's helpful! well, our company does that, too. actually, we invented that. it's like a sauna in here. helping you save, even if it's not with us -- now, that's progressive! call or click today. no mas pantalones! >> well, here's a headline that grabbed my attention today. corporations don't need a tax cut. so why is obama proposing one? huh? well, of course, it was wherein by our friend robert rooish. s a former labor secretary and author of "aftershock." just to have a mix-up here on a debate, we bring in our other freend phil kirkman, vice president and policy at americans for prosperity. he is the author of dempsey denied. for heavens sakes, we have the highest corporate tax rate in the world. how can we not cut it? >> when you say we have the highest corporate tax rate in the world, i don't think you're looking at effective tax rates. effectively a tax rate rig
he is going to join us next, and we're going to have a wee bit of a debate. i'm serious, we compare our direct rates side by side to find you a great deal, even if it's not with us. [ ding ] oh, that's helpful! well, our company does that, too. actually, we invented that. it's like a sauna in here. helping you save, even if it's not with us -- now, that's progressive! call or click today. no mas pantalones! >> well, here's a headline that grabbed my attention today. corporations don't...
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our political panel is going to debate that whole proposition. washington may still be waging its war on the wealthy, but a more poll out says americans might be more accepting of the rich. we'll have the details. but first up, there's been so much talk of fed stimulus, it's front page news everywhere, it's topic a for investors and now a truly unbelievable report from the fed, this is the new york federal reserve bank suggests that stocks might be 50% lower without fed pump priming. oh, my god. also today federal reserve bank of san francisco president john williams said the economy has lost momentum. all right. my special guest last evening was former fed chair alan greenspan. he made headlines here opposing stimulus saying it hasn't worked up till now and it may not work in the future. >> i've stayed away from commenting on fed policy. i will say this, however, that the data do show that the expansion of assets has had very little impact on the economy for an important reason, that we've created a major increase in the asset side of the federa
our political panel is going to debate that whole proposition. washington may still be waging its war on the wealthy, but a more poll out says americans might be more accepting of the rich. we'll have the details. but first up, there's been so much talk of fed stimulus, it's front page news everywhere, it's topic a for investors and now a truly unbelievable report from the fed, this is the new york federal reserve bank suggests that stocks might be 50% lower without fed pump priming. oh, my...
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but the key to the whole infrastructure debate is keystone. i'm sorry, brad. i do not understand how president obama, he can blame millionaires. he can blame billionaires. he can side with occupy wall street, but he's speaking to the trades union, the construction guys of the afl-cio. he cannot get around keystone, brad. this is one of the worst political mistakes and worst economic mistakes he has made. >> larry, one project is not the infrastructure of the entire country needs. and by the way, if he was -- if the building trades were so upset at the president over keystone, why did they receive him so warmly today? because they know that he is the one to committed to real infrastructure projects all over the country. roads -- >> they got everything they wanted for the last three years. >> high speed rail, all of which the republicans oppose -- >> he'll probably have more flexibility after this election. >> they'd rather pass more tax cuts for the wealthy. >> sean spicei'll give you the last word. >> i think the unions have gotten three years of everything th
but the key to the whole infrastructure debate is keystone. i'm sorry, brad. i do not understand how president obama, he can blame millionaires. he can blame billionaires. he can side with occupy wall street, but he's speaking to the trades union, the construction guys of the afl-cio. he cannot get around keystone, brad. this is one of the worst political mistakes and worst economic mistakes he has made. >> larry, one project is not the infrastructure of the entire country needs. and by...
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he doesn't really care. >> well, actually what he's touching on is another debate, a demographic debate which he is very worried about that many russians, young russians are leaving the country. russia's population is in decline. what president obama should do is stick to his guns saying we want relations with russia and a russia that abides by the rule of law, something ingrained in the world trade organization is important. the americans have compromised. john kerry who will be secretary of state, presumably when he was on the senate foreign relations committee tried to amend the mittity insky act that the list of russian officials would be kept secret so that there wouldn't be any public naming and shaming. we bent over backward on this, but what president obama needs to ask is the united states getting any benefit for his signature reset policy. >> michael rubin, thanks for weighing in. >> thanks for having me, michelle. we'll get right back to the fiscal cliff coverage. we'll have the latest just ahead. don't move. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto
he doesn't really care. >> well, actually what he's touching on is another debate, a demographic debate which he is very worried about that many russians, young russians are leaving the country. russia's population is in decline. what president obama should do is stick to his guns saying we want relations with russia and a russia that abides by the rule of law, something ingrained in the world trade organization is important. the americans have compromised. john kerry who will be...
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this gets to the debate of who's first in line? it gets back to president obama's discussion about making sure firefighters and policemen and educators are hired. that's the same problem in europe. they are always looking for government workers to be the main state of the work force. it puts them above members of the private sector. why is this group placed ahead of the line where the private sector isn't. that's what i don't understand. it's the same thing in europe as it is in the united states. >> it's government prosperity and private austerity. that's wrong. it should be government austerity and private prosperity. i'll tell you. they've got to sell all the assets, curb the pensions and they have to get themselves real flat tax reform so the revenues will come in. they are not making money raising the value-added tax. benn steil and andy busch, thank you. as i continue to worry about bad u.s. numbers, the question is will the fed announce a new operation twist this week to buy mortgage-backed securities? still ahead, president
this gets to the debate of who's first in line? it gets back to president obama's discussion about making sure firefighters and policemen and educators are hired. that's the same problem in europe. they are always looking for government workers to be the main state of the work force. it puts them above members of the private sector. why is this group placed ahead of the line where the private sector isn't. that's what i don't understand. it's the same thing in europe as it is in the united...
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we'll have a wee bit of a debate about how to defeat barack obama or not. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. that's going to have to be done by a certain date. you always have homework, okay? i don't have homework today. it's what's right here is what is most important to me. it's beautiful. ♪ ♪ >>> welcome back to "the kudlow report." our continuing super tuesday coverage. in case you just are joining us, romney has won virginia and vermont. gingrich has won georgia, and the ohio race is too close to call. all right. so what's the best punch republicans can throw at president obama? and w
we'll have a wee bit of a debate about how to defeat barack obama or not. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people...
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more people are scared of obama than they are romney. i think the 716 billion is the biggest number in the whole mediscare debate. >> i think people are throwing their hands up. when you listen to them debate it you have to put the eye shade on. >> three-quarters of it i don't understand. uh admit it openly. >> i think what people will vote on is not who has the best plan but who's stepping up to the plate saying, you know, i'm going to be forthright with you. chris christie says voters want politicians who stand up, tell the truth and treat them like adults. if ryan does that it's a plus. >> a lot of the scare tactics aren't working effectively. romney can say obama is talking about chili -- the food, not the country -- and putting people in chains. he's saying i'm the grown-up talking about jobs, getting america going. they have to get off it, back to the unifying message. >> here's what ryan does well. he knows the numbers. every time obama and biden accuse ryan of ending medicare as we know it all ryan has to do haul out the $716 bil
more people are scared of obama than they are romney. i think the 716 billion is the biggest number in the whole mediscare debate. >> i think people are throwing their hands up. when you listen to them debate it you have to put the eye shade on. >> three-quarters of it i don't understand. uh admit it openly. >> i think what people will vote on is not who has the best plan but who's stepping up to the plate saying, you know, i'm going to be forthright with you. chris christie...
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we'll debate it. sizzle story number two, back to stocks. they stall over greece. late-breaking news. a cabinet deal is on. the point is this week's mighty sell-off looks like a buying opportunity on the road to 14,000. and also, who won cpac? was it mitt? rick? newt? speaking of mitt, i'll give him and anyone else who wants to listen a bold tax reform plan they need before the evening is over. it's open for all to borrow. did the president obama mid-course correction on contraception really change a problem for the catholic bishops and others? or was it just an accounting change? are religious institutions still responsible for the cost of a mandated insurance package? all right. let's talk. we're going to have a rematch. igor volsky. he's the co-author of "howard dean's prescription for real health care reform." betsy mccoy is the author of the book "obama health law: what it says and how it overturn it." i'm not 100%, but betsy, i'll start with you. if employees get free contraception, i don't care who the accounting is, somebody's got to pay for it. and is that
we'll debate it. sizzle story number two, back to stocks. they stall over greece. late-breaking news. a cabinet deal is on. the point is this week's mighty sell-off looks like a buying opportunity on the road to 14,000. and also, who won cpac? was it mitt? rick? newt? speaking of mitt, i'll give him and anyone else who wants to listen a bold tax reform plan they need before the evening is over. it's open for all to borrow. did the president obama mid-course correction on contraception really...
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mitt romney's got to find a way to turn that around, turn it around in the debates, and maybe the tax cut issue that you're talking about will be one tool in that arsenal. back to you, larry. >> many thanks to john harwood. now for some reason on the trail today, mitt romney said he's going to dial back on taxes. >> individual income taxes are the ones i want to reform, make them simpler, bring the rates down. by the way, don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. >> all right. i don't get any of that. i'm not sure what his message was. let me say this. household incomes are down over 8%, another 1% in august alone reported this morning. the labor force, shrinking, poverty way up, president obama himself offers no middle class tax cuts, he just wants to extend them, not new ones. there's no answers to this. it's mitt romney who has got to stay on the pro-growth message, take-home pay. take-home pay. i talked about it the last couple of nights, wrote a column on it. today he just seemed to go off track and it blows my mind. let's g
mitt romney's got to find a way to turn that around, turn it around in the debates, and maybe the tax cut issue that you're talking about will be one tool in that arsenal. back to you, larry. >> many thanks to john harwood. now for some reason on the trail today, mitt romney said he's going to dial back on taxes. >> individual income taxes are the ones i want to reform, make them simpler, bring the rates down. by the way, don't be expecting a huge cut in taxes because i'm also going...
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president obama's oels responsible for the decline and fall of the american economy as peter ferrara suggested in his "forbes" op-ed or are the president's policies actually improving the economy? here to debate, jared bernstein, former chief economist to vice president joe biden and the cato institute, jared, we're going to hear this nine months. both sooitsides seizing the counterfactual. i hate that argument. wasn't for the uncertainty we'd be doing better, republicans say, and democrats saying without stimulus, no one can prove either and we'll just be talking to one another i. think you're right. kudos for the long day. must have gotten started many hours ago. >> i did. duty calls. >> hard working dude. let me tell you from experience that both sides should not waste their breath on that one, because people just don't do counterfactuals. i found that out the hard way. what people care about is whether the economy's getting worse or getting better. i don't think anyone -- by the way, i put larry kudlow on this. the economy is getting better. tick you through statistics. gdp, unem
president obama's oels responsible for the decline and fall of the american economy as peter ferrara suggested in his "forbes" op-ed or are the president's policies actually improving the economy? here to debate, jared bernstein, former chief economist to vice president joe biden and the cato institute, jared, we're going to hear this nine months. both sooitsides seizing the counterfactual. i hate that argument. wasn't for the uncertainty we'd be doing better, republicans say, and...